Contract Price at PSV and Fixed Amount. 4.3.1 During the Total Supply Period at PSV, the Customer shall pay the Logistic Swap Provider for the Delivered Quantity at PSV in respect of each PSV Time Unit of each Month at the Contract Price (“Contract Price at PSV” or “CP-PSV”) in accordance with the provisions of §13 (Invoicing and Payment) of the EFET Agreement. Each Month of the Total Supply Period at PSV the Contract Price at PSV, expressed in Euro/GJ(15°C), shall be fixed and equal to the Contract Price at DPA divided by the product of three decimal six (3.6) times the conversion factor CF and rounded to five (5) decimal places (where a figure of five (5) or more in the 6th decimal place shall cause a rounding up of that 5th decimal place), and is equal to: CP-PSV = €/GJ(15°C) NCG VTP H-Gas 6,04951 ▇▇▇ ▇▇▇▇ H 6,11888 4.3.2 In addition to the Contract Price at PSV, during each Month of the Total Supply Period at PSV, the Customer shall pay the Logistic Swap Provider a monthly fixed amount (“Fixed Amount”) in accordance with the provisions of §13 (Invoicing and Payment) of the EFET Agreement. The monthly Fixed Amount, expressed in Euro, shall be equal to the product of the Swap Auction Quantity times the sum of i) RPo plus ii) B: Fixed Amount = (RPo + B) * Swap Auction Quantity (expressed in Euro/Month) where: - RPo = …….. [to be inserted as per applicable DPA and Auction Procedure] Euro/MWh(25°C)/h/Month, as set in the Auction Procedure as reserve price for the logistic swap product of the relevant section regarding the route between the European hub set as DPA under this Contract and the PSV. - B = Euro/MWh(25°C)/h/Month. [to be defined in accordance with the result of the Auction for the logistic swap product of the relevant section regarding the route between the European hub set as DPA under this Contract and the PSV, as set forth in the Auction Procedure] The Fixed Amount shall be due and payable by the Customer independently from the actual deliveries at DPA and at PSV.
Appears in 1 contract
Sources: Logistic Swap Agreement
Contract Price at PSV and Fixed Amount. 4.3.1 4.4.1 During the Total Supply Period at PSV, the Customer shall pay the Logistic Swap Provider for the Delivered Quantity at PSV in respect of each PSV Time Unit of each Month at the Contract Price (“Contract Price at PSV” or “CP-PSV”) in accordance with the provisions of §13 (Invoicing and Payment) of the EFET Agreement. Each Month of the Total Supply Period at PSV the Contract Price at PSV, expressed in Euro/GJ(15MWh(25°C), shall be fixed and equal to the Contract Price at DPA divided by the product of three decimal six (3.6) times the conversion factor CF and rounded to five (5) decimal places (where a figure of five (5) or more DPA, as reported in the 6th decimal place shall cause a rounding up of that 5th decimal place), and is equal totable below: CP-PSV = €/GJ(15/MWh(25°C) NCG VTP H-Gas 6,04951 15.475 ▇▇▇ ▇▇▇▇ H 6,1188815.425
4.3.2 4.4.2 In addition to the Contract Price at PSV, during each Month of the Total Supply Period at PSV, the Customer shall pay to the Logistic Swap Provider a monthly fixed amount (“Fixed Amount”) in accordance with the provisions of §13 (Invoicing and Payment) of the EFET Agreement. The monthly Fixed Amount, expressed in Euro, shall be equal to the product of the Swap Auction Quantity times the sum of i) RPo plus ii) B: Fixed Amount = (RPo + B) * Swap Auction Quantity (expressed in Euro/Month) where: - RPo = …….. [to be inserted as per applicable DPA and Auction Procedure] Euro/MWh(25°C)/h/Month, as set in the Auction Procedure as reserve price for the logistic swap product of the relevant section regarding the route between the European hub set as DPA under this Contract and the PSV. - B = Euro/MWh(25°C)/h/Month. [to be defined in accordance with the result of the Auction for the logistic swap product of the relevant section regarding the route between the European hub set as DPA under this Contract and the PSV, as set forth in the Auction Procedure] The Fixed Amount shall be due and payable by the Customer independently from the actual deliveries at DPA and at PSV.
Appears in 1 contract
Sources: Logistic Swap Agreement
Contract Price at PSV and Fixed Amount. 4.3.1 4.4.1 During the Total Supply Period at PSV, the Customer shall pay the Logistic Swap Provider for the Delivered Quantity at PSV in respect of each PSV Time Unit of each Month at the Contract Price (“Contract Price at PSV” or “CP-PSV”) in accordance with the provisions of §13 (Invoicing and Payment) of the EFET Agreement. Each Month of the Total Supply Period at PSV the Contract Price at PSV, expressed in Euro/GJ(15MWh(25°C), shall be fixed and equal to the Contract Price at DPA divided by the product of three decimal six (3.6) times the conversion factor CF and rounded to five (5) decimal places (where a figure of five (5) or more DPA, as reported in the 6th decimal place shall cause a rounding up of that 5th decimal place), and is equal totable below: CP-PSV = €/GJ(15/MWh(25°C) NCG VTP H-Gas 6,04951 16.415 ▇▇▇ ▇▇▇▇ H 6,1188816.400
4.3.2 4.4.2 In addition to the Contract Price at PSV, during each Month of the Total Supply Period at PSV, the Customer shall pay to the Logistic Swap Provider a monthly fixed amount (“Fixed Amount”) in accordance with the provisions of §13 (Invoicing and Payment) of the EFET Agreement. The monthly Fixed Amount, expressed in Euro, shall be equal to the product of the Swap Auction Quantity times the sum of i) RPo RP0 plus ii) B: Fixed Amount = (RPo RP0 + B) * Swap Auction Quantity (expressed in Euro/Month) where: - RPo RP0 = …….. [to be inserted as per applicable DPA and Auction Procedure] Euro/MWh(25°C)/h/Month, as set in the Auction Procedure as reserve price for the logistic swap product of the relevant section regarding the route between the European hub set as DPA under this Contract and the PSV. - B = Euro/MWh(25°C)/h/Month. [to be defined in accordance with the result of the Auction for the logistic swap product of the relevant section regarding the route between the European hub set as DPA under this Contract and the PSV, as set forth in the Auction Procedure] The Fixed Amount shall be due and payable by the Customer independently from the actual deliveries at DPA and at PSV.
Appears in 1 contract
Sources: Logistic Swap Agreement
Contract Price at PSV and Fixed Amount. 4.3.1 During the Total Supply Period at PSV, the Customer shall pay the Logistic Swap Provider for the Delivered Quantity at PSV in respect of each PSV Time Unit of each Month at the Contract Price (“Contract Price at PSV” or “CP-PSV”) in accordance with the provisions of §13 (Invoicing and Payment) of the EFET Agreement. Each Month of the Total Supply Period at PSV the Contract Price at PSV, expressed in Euro/GJ(15MWh(25°C), shall be fixed and equal to the Contract Price at DPA divided by the product of three decimal six (3.6) times the conversion factor CF and rounded to five (5) decimal places (where a figure of five (5) or more DPA, as reported in the 6th decimal place shall cause a rounding up of that 5th decimal place), and is equal totable below: CP-PSV = €/GJ(15/MWh(25°C) NCG VTP H-Gas 6,04951 15.475 ▇▇▇ ▇▇▇▇ H 6,1188815.425
4.3.2 In addition to the Contract Price at PSV, during each Month of the Total Supply Period at PSV, the Customer shall pay the Logistic Swap Provider a monthly fixed amount (“Fixed Amount”) in accordance with the provisions of §13 (Invoicing and Payment) of the EFET Agreement. The monthly Fixed Amount, expressed in Euro, shall be equal to the product of the Swap Auction Quantity times the sum of i) RPo plus ii) B: Fixed Amount = (RPo + B) * Swap Auction Quantity (expressed in Euro/Month) where: - RPo = …….. [to be inserted as per applicable DPA and Auction Procedure] Euro/MWh(25°C)/h/Month, as set in the Auction Procedure as reserve price for the logistic swap product of the relevant section regarding the route between the European hub set as DPA under this Contract and the PSV. - B = Euro/MWh(25°C)/h/Month. [to be defined in accordance with the result of the Auction for the logistic swap product of the relevant section regarding the route between the European hub set as DPA under this Contract and the PSV, as set forth in the Auction Procedure] The Fixed Amount shall be due and payable by the Customer independently from the actual deliveries at DPA and at PSV.
Appears in 1 contract
Sources: Logistic Swap Agreement
Contract Price at PSV and Fixed Amount. 4.3.1 4.4.1 During the Total Supply Period at PSV, the Customer shall pay the Logistic Swap Provider for the Delivered Quantity at PSV in respect of each PSV Time Unit of each Month at the Contract Price (“Contract Price at PSV” or “CP-PSV”) in accordance with the provisions of §13 (Invoicing and Payment) of the EFET Agreement. Each Month of the Total Supply Period at PSV the Contract Price at PSV, expressed in Euro/GJ(15°C), shall be fixed and equal to the Contract Price at DPA divided by the product of three decimal six (3.6) times the conversion factor CF and rounded to five (5) decimal places (where a figure of five (5) or more in the 6th decimal place shall cause a rounding up of that 5th decimal place), and is equal to: CP-PSV = €/GJ(15°C) NCG VTP H-Gas 6,04951 ▇▇▇ ▇▇▇▇ H 6,11888
4.3.2 4.4.2 In addition to the Contract Price at PSV, during each Month of the Total Supply Period at PSV, the Customer shall pay to the Logistic Swap Provider a monthly fixed amount (“Fixed Amount”) in accordance with the provisions of §13 (Invoicing and Payment) of the EFET Agreement. The monthly Fixed Amount, expressed in Euro, shall be equal to the product of the Swap Auction Quantity times the sum of i) RPo plus ii) B: Fixed Amount = (RPo + B) * Swap Auction Quantity (expressed in Euro/Month) where: - RPo = …….. [to be inserted as per applicable DPA and Auction Procedure] Euro/MWh(25°C)/h/Month, as set in the Auction Procedure as reserve price for the logistic swap product of the relevant section regarding the route between the European hub set as DPA under this Contract and the PSV. - B = Euro/MWh(25°C)/h/Month. [to be defined in accordance with the result of the Auction for the logistic swap product of the relevant section regarding the route between the European hub set as DPA under this Contract and the PSV, as set forth in the Auction Procedure] The Fixed Amount shall be due and payable by the Customer independently from the actual deliveries at DPA and at PSV.
Appears in 1 contract
Sources: Logistic Swap Agreement
Contract Price at PSV and Fixed Amount. 4.3.1 During the Total Supply Period at PSV, the Customer shall pay the Logistic Swap Provider for the Delivered Quantity at PSV in respect of each PSV Time Unit of each Month at the Contract Price (“Contract Price at PSV” or “CP-PSV”) in accordance with the provisions of §13 (Invoicing and Payment) of the EFET Agreement. Each Month of the Total Supply Period at PSV the Contract Price at PSV, expressed in Euro/GJ(15MWh(25°C), shall be fixed and equal to the Contract Price at DPA divided by the product of three decimal six (3.6) times the conversion factor CF and rounded to five (5) decimal places (where a figure of five (5) or more DPA, as reported in the 6th decimal place shall cause a rounding up of that 5th decimal place), and is equal totable below: CP-PSV = €/GJ(15/MWh(25°C) NCG VTP H-Gas 6,04951 16.415 ▇▇▇ ▇▇▇▇ H 6,1188816.400
4.3.2 In addition to the Contract Price at PSV, during each Month of the Total Supply Period at PSV, the Customer shall pay the Logistic Swap Provider a monthly fixed amount (“Fixed Amount”) in accordance with the provisions of §13 (Invoicing and Payment) of the EFET Agreement. The monthly Fixed Amount, expressed in Euro, shall be equal to the product of the Swap Auction Quantity times the sum of i) RPo RP0 plus ii) B: Fixed Amount = (RPo RP0 + B) * Swap Auction Quantity (expressed in Euro/Month) where: - RPo RP0 = …….. [to be inserted as per applicable DPA and Auction Procedure] Euro/MWh(25°C)/h/Month, as set in the Auction Procedure as reserve price for the logistic swap product of the relevant section regarding the route between the European hub set as DPA under this Contract and the PSV. - B = Euro/MWh(25°C)/h/Month. [to be defined in accordance with the result of the Auction for the logistic swap product of the relevant section regarding the route between the European hub set as DPA under this Contract and the PSV, as set forth in the Auction Procedure] The Fixed Amount shall be due and payable by the Customer independently from the actual deliveries at DPA and at PSV.
Appears in 1 contract
Sources: Logistic Swap Agreement